Prediction of Loan Approval in Banks using Machine Learning Approach

V Viswanatha, AC Ramachandra… - International …, 2023 - ijemr.vandanapublications.com
Due to significant technological advancements, people's needs have expanded. As a result,
there have been more requests for loan approval in the banking sector. A few qualities are
taken into consideration when choosing a candidate for the loan approval in order to,
determine the loan's status. Banks face a major challenge; when it, comes to assessing loan
applications and lowering the risks associated with potential borrower defaults. Since they
must thoroughly evaluate each borrower's eligibility for a loan, banks find this process to be …

Prediction of Loan Approval in Banks Using Machine Learning Approach

R AC, V KN - 2023 - papers.ssrn.com
Due to significant technological advancements, people's needs have expanded. As a result,
there have been more requests for loan approval in the banking sector. A few qualities are
taken into consideration when choosing a candidate for the loan approval in order to,
determine the loan's status. Banks face a major challenge; when it, comes to assessing loan
applications and lowering the risks associated with potential borrower defaults. Since they
must thoroughly evaluate each borrower's eligibility for a loan, banks find this process to be …
Showing the best results for this search. See all results